Microeconomics: Principles, Applications and Tools

Microeconomics: Principles, Applications and Tools, 10th edition

  • Arthur O'Sullivan, 
  • Steven Sheffrin, 
  • Stephen Perez

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Overview

Microeconomics: Principles, Applications, and Tools uses basic concepts of economics to explain a wide variety of relevant, current and engaging economic applications.

Published by Pearson (September 15th 2020) - Copyright © 2020

ISBN-13: 9780135640111

Subject: Economics

Category: Principles of Microeconomics

Table of contents

PART 1: INTRODUCTION AND KEY PRINCIPLES
1. Introduction: What Is Economics? 
2. Key Principles of Economics 
3. Exchange and Markets 
4. Demand, Supply, and Market Equilibrium 

PART 2: A CLOSER LOOK AT DEMAND AND SUPPLY
5. Elasticity: A Measure of Responsiveness 
6. Market Efficiency and Government Intervention 
7. Consumer Choice: Utility Theory and Insights from Neuroscience 

PART 3: MARKET STRUCTURES AND PRICING
8. Production Technology and Cost 
9. Perfect Competition 
10. Monopoly and Price Discrimination 
11. Market Entry and Monopolistic Competition 
12. Oligopoly and Strategic Behavior 
13. Controlling Market Power: Antitrust and Regulation

PART 4: EXTERNALITIES AND INFORMATION
14. Imperfect Information: Adverse Selection and Moral Hazard 
15. Public Goods and Public Choice 
16. External Costs and Environmental Policy 

PART 5: THE LABOR MARKET AND INCOME DISTRIBUTION
17. The Labor Market and the Distribution of Income  

PART 6: THE INTERNATIONAL ECONOMY
18. International Trade and Public Policy 

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